This property combines strong in-place income with the opportunity to increase value through lease-up and future rental growth. Its recent renovations significantly reduce near-term capital expenditure concerns, making it an excellent addition to any investment portfolio.Whether you're expanding your multifamily holdings or completing a 1031 exchange, this is an opportunity worth a closer look. Complete renovation 2024, new roof 2019. Immediate cash flow. Around a 7% cap currently.
Listed By
Agency Name: RE/MAX Team 2000
Agency Phone: 3135610900
Shown By
Agent Name: Carol Griffith
Agent Phone: (810) 227-1016 ext. 203
Agency Title: Griffith Realty
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20520 Plymouth Road | MLS# 20261080985
This commercial property located at 20520 Plymouth Road, Detroit, Mi 48228 is currently listed for sale with an asking price of $1,450,000. Plymouth Road is located within the Detroit school district. Search Detroit real estate on cgriffith.griffithrealty.com today.